This will be her sixth Budget as the Finance Minister and last in the second term of the Modi government. The Budget Session of Parliament commenced on Wednesday with President Droupadi Murmu addressing a joint sitting of Lok Sabha and Rajya Sabha. Like the previous two Union Budgets, the Union Budget 2023-24 was also presented in paperless form. Presenting the Union Budget 2023, Union Finance Minister Nirmala Sitharaman pegged the fiscal deficit target for 2023-24 at 5.9 per cent of gross domestic product (GDP). The 2023-24 Budget document noted that the Indian economy was backed by strong macroeconomic fundamentals, and there are ample indicators to back it.
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